NORWEGIAN CLEARWATER AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

101,58 %

Current Ratio

6,9

Debt-to-Equity Ratio

−3,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	4 089 000	239 000	0
Net Income	−1 160 000	−439 000	−421 000	−496 000
Total Assets	2 882 000	4 453 000	4 023 000	67 000
Total Equity	−1 142 000	18 000	458 000	−471 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	4 089 000	239 000	0
Expenditure	1 066 000	4 451 000	632 000	495 000
Operating Profit	−1 066 000	−362 000	−393 000	−495 000
Financial Income	0	0	0	1 000
Financial Costs	95 000	77 000	28 000	0
Financial Balance	−95 000	−77 000	−28 000	1 000
Earnings Before Tax	−1 160 000	−439 000	−421 000	−494 000
Tax	0	0	0	2 000
Net Income	−1 160 000	−439 000	−421 000	−496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 336 000	2 004 000	0	0
Total Current Assets	1 546 000	2 448 000	4 023 000	67 000
Total Assets	2 882 000	4 453 000	4 023 000	67 000
Total Retained Equity	−2 515 000	−1 355 000	−916 000	−495 000
Total Equity	−1 142 000	18 000	458 000	−471 000
Total Long-Term Debt	3 800 000	2 000 000	2 000 000	0
Total Current Debt	224 000	2 434 000	1 566 000	538 000
Total Equity and Debt	2 882 000	4 453 000	4 023 000	67 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 089 000	239 000	0
Other Income	0	0	0	0
Revenue	0	4 089 000	239 000	0
Cost of Goods Sold	94 000	3 432 000	134 000	0
Salary Costs	−6 000	47 000	167 000	0
Depreciation	668 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 066 000	4 451 000	632 000	495 000
Operating Profit	−1 066 000	−362 000	−393 000	−495 000
Financial Income	0	0	0	1 000
Financial Costs	95 000	77 000	28 000	0
Financial Balance	−95 000	−77 000	−28 000	1 000
Dividends	0	0	0	0
Net Income	−1 160 000	−439 000	−421 000	−496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 336 000	2 004 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 336 000	2 004 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	205 000	39 000	34 000	67 000
Total Current Assets	1 546 000	2 448 000	4 023 000	67 000
Total Assets	2 882 000	4 453 000	4 023 000	67 000
Total Equity	−1 142 000	18 000	458 000	−471 000
Short-Term Group Debt	0	0	900 000	0
Total Long-Term Debt	3 800 000	2 000 000	2 000 000	0
Creditors	215 000	2 422 000	631 000	538 000
Unpaid Taxes	0	1 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	9 000	11 000	24 000	0
Total Current Debt	224 000	2 434 000	1 566 000	538 000
Total Equity and Debt	2 882 000	4 453 000	4 023 000	67 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,58 %	−2 438,89 %	−91,92 %	105,31 %
Debt-to-Equity Ratio	−3,33	111,11	4,37	−0
Operating Profit Margin	-	−8,85 %	−164,44 %	-
Current Ratio	6,9	1,01	2,57	0,12
Quick Ratio	6,9	1,01	2,57	0,12
Equity Ratio	−0,4	0	0,11	−7,03
Gross Profit Margin	-	16,07 %	43,93 %	-